TFIC’s negative outlook impacted by large weather-related claims: AM Best

Share!

Reinsurance News - Jul 31, 2024

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Ratings of Tennessee Farmers Insurance Companies (TFIC), a move influenced by the company’s deteriorating performance due to large claims resulting from significant weather events. The credit rating agency also a...

Read Full Article

Recommended Articles

MGA Helmsgate secures Lloyd’s Coverholder status, commences underwriting

Posted: Oct 06, 2025

OneAdvent-managed MGA Helmsgate Limited has secured Lloyd’s Coverholder status and began underwritin...

Hannover Re adjusts dividend policy with goal to increase it each year

Posted: Oct 06, 2025

In view of the firm’s very good capitalisation, the Executive Board of global reinsurer Hannov...

Gallagher Re appoints Carl Axel Holtsmark as Head of Life, A&H, Nordics

Posted: Oct 06, 2025

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has announced the appointment o...